Why is offering escrow bad?

[Arrakeen]

I've been offering free escrow in altcoin threads, so that I could build up a trustworthy reputation.

Just today I figured I'd look at my trust scores, since I have provided such service for one trade (two parties, ESP for BTC).

Noticed a bunch of negative feedback regarding my offering of escrow.  Why is this?  These people whom left negative scores haven't even dealt with me - just tarnishing a reputation that hasn't been built yet.


I was curious as to how account buying and selling works, which also caused a bunch of people to leave negative feedback - I could prove this is my account, and was simply curious how this works.  I couldn't sell this if I wanted to, as it is tied to my accounts on other sites (email & contacts etc.):
https://bitcointalk.org/index.php?topic=1498331.msg15085071#msg15085071

Immediately people jumped on the post, all sorts of accusations:

https://bitcointalk.org/index.php?action=trust;u=543426

Bottom line:  why is everyone so hostile?  I understand this is a dangerous game people play, but I was legitimately providing escrow & would do so again.  I could have ran with the money I held for those two traders - but wanted to build a reputation.  Now what??  I'm just...screwed?  Is this why people buy and sell accounts?

Sorry for the ignorance, but I just don't understand the mindset...

[Lexiatel]

Let's give you a little lesson on life and how people work:

Most people are sheep, but they quickly turn into a wolf pack too (herd mentality). One person can say something, and the rest will blindly follow (the sheep), and then the attacks happen as a wolf pack, especially if the person who started the crap up has any sort of fans/followers/friends.

The attack on you may have happened for many reasons: 1) there's been scams going on, and people are overly weary, for valid reasoning 2) that person who started the shit was an escrow themself and felt you were stepping over their line 3) that person's just a troll

There could be more reasons, but those are usually the top ones when you get attacked by a hoard of people. I bid you good luck, and welcome to the new age where people are assholes and can get away with it without any repercussions.

[unholycactus]

I can sell you this account, make ME an offer

That's what people went crazy over. It shows a lack of integrity.
Not really the fact the you're offering free escrow without any history, although that's also suspicious.

I understand that starting a reputation on this forum without getting attacked is hard.

[OmegaStarScream]

I'm against the people who gave you negative trust since you didn't scam anyone (I suppose). However, I also don't support what you did, You build a reputation to help people for escrow services and not do escrow services for making a reputation.

and backing yourself with "I could scam those two traders" doesn't mean anything , as Master-P was one of the most trusted escrows out there and made a lot of transactions here and he finally stole thousands of dollars and ran away. (He simply wanted to go big , even If could start scamming earlier) (don't get me wrong , I'm not accusing you of anything)

[densuj]

I've been offering free escrow in altcoin threads, so that I could build up a trustworthy reputation.

Just today I figured I'd look at my trust scores, since I have provided such service for one trade (two parties, ESP for BTC).

Noticed a bunch of negative feedback regarding my offering of escrow.  Why is this?  These people whom left negative scores haven't even dealt with me - just tarnishing a reputation that hasn't been built yet.


I was curious as to how account buying and selling works, which also caused a bunch of people to leave negative feedback - I could prove this is my account, and was simply curious how this works.  I couldn't sell this if I wanted to, as it is tied to my accounts on other sites (email & contacts etc.):
https://bitcointalk.org/index.php?topic=1498331.msg15085071#msg15085071

Immediately people jumped on the post, all sorts of accusations:

https://bitcointalk.org/index.php?action=trust;u=543426

Bottom line:  why is everyone so hostile?  I understand this is a dangerous game people play, but I was legitimately providing escrow & would do so again.  I could have ran with the money I held for those two traders - but wanted to build a reputation.  Now what??  I'm just...screwed?  Is this why people buy and sell accounts?

Sorry for the ignorance, but I just don't understand the mindset...

I appreciate about your free escrow service, should you understand build reputation is very difficult at here ( need time,proove) because of scamers. You must be patient if you still wanna make free escrow service again. And should you never sell your account who be used for free escrow service.

[satmas]

If you are offering escrow, you are suppose to have some sort of trading history either on this forum or somewhere else. If you have any scam accusations, you should resolve those as well. Edit: The negative trusts certainly won't stop you from trading though.

[Hazir]

If you are offering escrow, you are suppose to have some sort of trading history either on this forum or somewhere else. If you have any scam accusations, you should resolve those as well. Edit: The negative trusts certainly won't stop you from trading though.

I think negative feedback from Default Trust users can be quite problematic and in fact will stop anyone from trying to be an escrow. That's how things are rolling here.
We have seen so many escrow scams over the course of years, that it is hard to believe that anyone who want to be a escrow will be honest and veracious person.

This is a reason that some people react with hostility and will bombard every attempt of becoming an escrow by a "new blood".

[Arrakeen]

I appreciate all the replies & kind words.  


In reference to this post:

I can sell you this account, make ME an offer

That's what people went crazy over. It shows a lack of integrity.
Not really the fact the you're offering free escrow without any history, although that's also suspicious.

I understand that starting a reputation on this forum without getting attacked is hard.

Honestly, I asked that question soley to see what someone would pay for my account - mere curiosity.  I could never rid myself of this account as it is tied to various other sites, and I stay in frequent communication with friends & users from various projects.  Why wouldn't someone want to know how valuable they are?    

I've also attested to the fact that I'm an admin at a popular altcoin exchange, so if I actually did go through with that...people would find out quick  

I can sell you this account, make ME an offer

That's what people went crazy over. It shows a lack of integrity.
Not really the fact the you're offering free escrow without any history, although that's also suspicious.

I understand that starting a reputation on this forum without getting attacked is hard.

This is the problem - how does one build a reputation legitimately, considering the large number of high-ranked/'trusted' users doing the same?  Many of those accounts are just bought, and used to scam people duped into using their escrow.  That only leaves a handful of truly trusted service providers, essentially creating a 'monopoly' if you will.  

Any ideas on how to begin providing such an escrow service, in a world lacking trust?

If you are offering escrow, you are suppose to have some sort of trading history either on this forum or somewhere else. If you have any scam accusations, you should resolve those as well. Edit: The negative trusts certainly won't stop you from trading though.

I do have a history as an admin at a crypto exchange, that is still running.  I've recently been demoted to chat admin - but that's merely because of my inactivity (real life, ya know?).  The hundreds of users there could vouch for me, LOL

[Arrakeen]

I'm against the people who gave you negative trust since you didn't scam anyone (I suppose). However, I also don't support what you did, You build a reputation to help people for escrow services and not do escrow services for making a reputation.

and backing yourself with "I could scam those two traders" doesn't mean anything , as Master-P was one of the most trusted escrows out there and made a lot of transactions here and he finally stole thousands of dollars and ran away. (He simply wanted to go big , even If could start scamming earlier) (don't get me wrong , I'm not accusing you of anything)

No offense taken, and I understand I shouldn't have worded it that way (but I think you understand what I meant).  If you look through the ESP thread, you'll see I was simply providing escrow to support that community, which I stated.  People were getting scammed through trades, and I stepped up to help out. Sorry for any miscommunication, and I'll watch what I say more closely

Thanks again for your time.

[ultrloa]

I'm against the people who gave you negative trust since you didn't scam anyone (I suppose). However, I also don't support what you did, You build a reputation to help people for escrow services and not do escrow services for making a reputation.

and backing yourself with "I could scam those two traders" doesn't mean anything , as Master-P was one of the most trusted escrows out there and made a lot of transactions here and he finally stole thousands of dollars and ran away. (He simply wanted to go big , even If could start scamming earlier) (don't get me wrong , I'm not accusing you of anything)

No offense taken, and I understand I shouldn't have worded it that way (but I think you understand what I meant).  If you look through the ESP thread, you'll see I was simply providing escrow to support that community, which I stated.  People were getting scammed through trades, and I stepped up to help out. Sorry for any miscommunication, and I'll watch what I say more closely

Thanks again for your time.

Your intention is good but you cannot really blamed DT people or People Who knows about Master-P scammings spree done here to got their doubts for new escrow coming out nowadays because Master-P stained the reputation of new coming escrows, maybe some People Warn's to use unknown escrow so they can avoid to get scam by those Fraud escrow person's, maybe you should need to build first your trust score by doing good in this community so maybe by that you can become a trusted escrow in this coming future.

[Arrakeen]

maybe you should need to build first your trust score by doing good in this community so maybe by that you can become a trusted escrow in this coming future.

Sure, but how can I do this?

With my luck, I'd attempt to do good and get scammed myself  

Just noticed a new trust score!

Tanglemymind -2: -1 / +0   2016-08-26   0.00000000      Likes to swear and I dont like reading his words

Seriously...

...are these actually applied to my overall rating? 

[bitcoin revo]

Just noticed a new trust score!

Tanglemymind -2: -1 / +0   2016-08-26   0.00000000      Likes to swear and I dont like reading his words

Seriously...

...are these actually applied to my overall rating? 

No. Don't worry about them. The people who left you those ratings aren't on DT depth 1 or 2 so the majority of people (if not everyone) won't see any impact on your immediate trust score (the one under your profile picture). Most outstanding members of the forum have some kind of negative rating from other people here and there anyways, but no one pays them any mind.

[shinratensei_]

I can sell you this account, make ME an offer

That's what people went crazy over. It shows a lack of integrity.
Not really the fact the you're offering free escrow without any history, although that's also suspicious.

I understand that starting a reputation on this forum without getting attacked is hard.

But in this time too late for building your reputation for becoming an escrow because i think some escrowed is already dominated and not wanna giving a new permission for a new participant for trying building it. you know " kill them before they're will destroy you".

but maybe be better for forgetting about intention for becoming an escrow in this time.

[Patatas]

I'm against the people who gave you negative trust since you didn't scam anyone (I suppose). However, I also don't support what you did, You build a reputation to help people for escrow services and not do escrow services for making a reputation.

The negative trust is not a mark to tag only scammers but a warning to deal with these people on your own risk as the person is involved in shady activities.Take it or leave it.

[Sharma]

I'm against the people who gave you negative trust since you didn't scam anyone (I suppose). However, I also don't support what you did, You build a reputation to help people for escrow services and not do escrow services for making a reputation.

The negative trust is not a mark to tag only scammers but a warning to deal with these people on your own risk as the person is involved in shady activities.Take it or leave it.

Honestly scammers leave the account and create new one once they get negative trust.Scammers are not fool to use same account and pre-warn their victims.If someone still using the account even after negative trust,it only means he has been tagged because of some misunderstanding

[U2BONO]

Your trust is 0, i don't see it red actually, and i think you can negotiate with that guy, if he doesn't remove, make a repitation thread to clarify this issue.

[asriloni]

escrow only can be done by TRUSTED people and not those who having really low trading history or even NONE,because it is for the sake of people's money and to prevent any scamming activities,even an old user here who already having so many positive trust could done scamming,for example Master-P,i'm on the side of those who give you neg rep

[Fatanut]

It's obvious that if someone wants to offer an escrow service out of nowhere, they want to build their trust at first. Because how else would you get the trust of the people. Someone has to be your first customer, but in your conversation with Lutpin, you mentioned that you're offering an escrow for "FREE" just an exchange for Positive trust. It was like you're low-key buying positive trust which isn't allowed here. You're lucky that Lutpin left a neutral trust instead of a negative one.

Those people who left you a negative feedback because of this post surely did jump into a conclusion. But, if we take a look at it at from a different point of view, it's look like you posted this because you've received a negative trust from your previous post and you wanted to make it look like you never actually wanted to sell your account.

[LoyceV]

First of all, your Red Trust isn't from users who are in Default Trust 2, so it doesn't instantly show up.
Second: a lot of scammers try all sorts of things, not only escrow, but also trying to get a loan, or trying to give a loan and run with the collateral. This has resulted in many people being "paranoid" and giving Red Trust to anyone who attempts anything that could even remotely be a scam.

People who have been trying to build a reputation have been given Red Trust too, for the simple fact that - wait for it - they're trying to build a reputation!

For this reason, I haven't even tried starting an escrow service, although I wouldn't mind doing it.

[Arrakeen]

First of all, your Red Trust isn't from users who are in Default Trust 2, so it doesn't instantly show up.
Second: a lot of scammers try all sorts of things, not only escrow, but also trying to get a loan, or trying to give a loan and run with the collateral. This has resulted in many people being "paranoid" and giving Red Trust to anyone who attempts anything that could even remotely be a scam.

People who have been trying to build a reputation have been given Red Trust too, for the simple fact that - wait for it - they're trying to build a reputation!

For this reason, I haven't even tried starting an escrow service, although I wouldn't mind doing it.

I wonder if it'd be possible to create a 'team' of sorts? We would have to gain each other's trust first, obviously, but then we could partner up to (somehow) provide users with an added layer of security. Haven't given this anything he until just now, so don't laugh at me if it isn't possible although it'd be nice to have a well-known team that can be trusted here - even another, as it seems there's a monopoly on escrow providers.